“Clean energy technologies, including solar and electric vehicles, were responsible for more than a third of China’s economic growth last year, generating some $2.1 trillion in economic activity”
“The Chinese government has been a patient supporter of the country’s clean technologies for decades now — its policies governing rare earths, which are essential components in everything from electric cars to supersonic jets, date back some six decades. U.S. policy, by contrast, has been all over the place”
““China has a vast research effort to develop new inventions from rare earths, even as the U.S. has almost abandoned basic chemistry”
““We’re shifting away from an oil-powered world to a much less expensive solar-powered world,” Bradsher said. “And every other country is buying more and more of their electricity in effect from China, because China has a near-monopoly on solar panels. And that’s all that anybody wants to buy now in much of the developing world, because it’s a cheaper way to get your electricity than anything else.””